HomeMy WebLinkAbout2756 3. To plac~ and continuously kcep on ~he bu~ldings now or her~afiK sitwt~ oe~ said la~d ~nd on ~Ii ~quipn+~M and pMSawlly aownd b1? lhis nq~~0'
sge. witA ~11 pr~miums thereon p~~d in full, fire insurante in the uiual satdard policy fonn, in • awn approwd by tM MORTGAGEE. and vuM+dNam .
i~~u~aet~ i~ tM uswl i»ndard pol;cy fam, in s sum ~pproved by th~ MORTWIGEE. M wcA canp~nY w ta~?pMis~ N tM MORTWIGEE nNr
dcrach N+d all fin and w':ndstorm iniur~nce pol~ues on ~ey of s~id build~np~, any tnhr~st tMrein or pan tMnof, in th~ apy~p+t~ sw~ afor~NW a
in exoas fhereof, shall cantain ths usual standard mor~gagee clavse « such o~hu ciws~ as tM Matpa~ m~y nq~~n. nuki~p tM Iws und~r ~ud p°II'
de~, each ~nd ~very, p+yable ro said MORTGAGEE ss ~ts interest may app~ar, ~nd each ~nd rv~ry such policy shall b~ pranpth as~~n~d +^d d~iwnd ~o
any Mld by s~Id MORiGAGEE as furtha secu~ity to said mortpage debt, and. not I~ss tMn ten (10) d~ys in advana of tM ~xpM~tan of Nd+ po~kY. ~o d?
I~~er ro s+id MORTGAGEE ~ ~enewal thereof, tcye~Ax wi?h a receipt fw the prtmium of wch reee~w~11 and tMn sMll bt no f'~n or windstorm ieax+ou
placed on ~ny of said buildirgs, ~ny intrrest therein w put thereof. unku i~ the fwm ~nd wi~h tM loss paY~bl~ u sfore~aidj and in tM ~vMt aey wen
of money becomes p~yabl~ u~de~ iuch policy a policies said MORTGAGEE shall Mw tM opYwn to nqiw aed ~pply iM sam~ on aao~n? 01 tM 4~d~btsd'
ness setvred herebr a w permit aaid MORTGAGORS ro receive snd use h or any parl thereof fw other pwpos~s. without Ihaeby waivi~q or imp~ir- .
in9 any puity, lien w~ight under or by virtu~ of this mort9age; ~nd in ~l+e even~ ~a~d MORTGAGORS sh+ll fa ~ny nsson fail ro keep the aid p~~+nises a
insu+ed, or f~il ro d~liver prompttY +nY of iaid policies of iruurance to said MORTGAGEE, a f~il promptly b pay fully any pnmiwn tM«fa or in ~?y
re~pcct fail q pafam, diuhuge, executs. efiec?. complets. comply with u~d ~bide by this oownint, or ~ny put hawf, ak! MORTGAGEE ~y pl~u and
paY fw such inturance or ~ny pih tMreof without w~iviny o~ affectieg any option, li~n, pulty, or ripht ~w~d~r a by virtw of this Morty+p~. and tM
ful! amo~nt of each and evtry wch payment sh~ll b~ immediately dw aed p+yabl~ and shall btu intK~at fran tM dat~ the~eof w~til p+id N Nr raN ol
n~ne pK cenwm per annum and rogether with wch intereat shslt be secured by tM I'Nn of this mort9apa
1. To pKmit, commit or suffer no wute, imp+irmem or de~eriwation of said prop~.ty or any part tMnof. -
S. To pay all a~d singvlu the coats. charges and expenses, includinp a rea~auble attwney i fe~ and oosri of abttr+cM of titb. incwnd a p~W af
any time by said MORTGAGfE, because w in the ~ve~t of the failure on the put of tlr said N10RTGAGOR b duly, promptly ~nd f~+UI? PKfam, d'scMr~R
execure, effect, compkte, comply w~th and ab:de by exh ~nd every the stipulatio% a9reeme~?ts, conditio% and wwnanM of s~id promiswry noh +nd thi~ ~
morfgape any w e~~ha. ard is;d cosrs, cMrges snd expenses, esch u~d every, sh+ll b~ immedi~tely due and pay~bl~t whetF?N ot not .tlw~ b~ ewtiq d~
mand, attempt to collect a wit pend~ng; and the full amovnt of each end ewry such p~yment shsll be~r intKKt froen th~ d~t~ tlwreof wNil p~ld at NN
rate of nins per tentum per annum; and all said costs, charges and expeoses incwred w paid, topetM? with wth lot~nat, th~ll b~ aKUt~d by tM IiM d thM
mwtQi~. ~
6. Th~t (a) in the event of any breach of this Mortga~e or defwlt on th~ p+rt of ths MORiGAGOR, or (b) in tM ~w^t «+y of s~~d wen~ of m°^~~ ~
herein referred to be not prompNy and fully paid w~thin thirty (30) days next after the sarne seve~~tly b~tomt dw aed paysbb. wlthoul dNnand a eotip. ~
or (c) in the event exh and every the stipulations. agreeme~ts. conditions and coven~nri of said promistory not~ ~nd thia nartpap~ any or ~ithM ~t~ no1
iuly, promptly and fully performed. d~xharged. eaecuted. eftected, completed, complied with and ~bided by, tMn tn ~itha w aey sueh ~wM tM s+id a~
gregate sum memioned in said promiuory note the~ ramaining unpaid, with intaest atuved, ~nd all morNy~ sKVrsd. Mt~by, shall b~oort~t ~N ~nd p~1P ;
able forthwith, O~ fF1lfNftN~ at the option of said MORTGAGEE, as fully snd completely ~s if ~II of the aid s~ of mawy wK~ oripindly ~Hp~rlattd i
to be paid on such day. anything in said promisswy note w in this Mortgsge to the eontrary notwithatandieq: and th~rwpon w tFwt~~ftM at tM optan Of (
seid MORTGAGEE, without notite or demand, suit at law a in equity, the.e(we or th~reafrer be~un, may M proNwnd u ff alt mo~y~ New~d tw~by }
had matwed priw to its institution. '
7. That in the eve~t that at the beginnin9 of or ~t any time pending any wit upon this Morty+p~, w fo foncbN h, ot to nfornt h, Or 10 ~nforo~ !
payment of any drims hertunder, aaid MORTGACaEE shall apply to the Court haviny jurisdidion the~~Of for fh~ appoiMm~nf Of ! Rlc~ivM. Wch COUrt flMl)
forthwith appoint a receiva of sait! mortgaged property all and sirgulu, includmg all and singular tM intom~, profi», is~ws u~d nwnuN f?om wh~10vN
sovrce derived, each a~d every of whKh, it be~rg expreuly understood, is hereby mortg~ged ss if spacifiully s~t MHh and el~wib~d ln thi ~r~e?tinp aed
habendum cla~ses hcreof, and such Receiver shall have all the broad and effenive functia+s ~nd powKa in anyvri~ Mmrsad by a Cowt tp ~ R~afva, u~d
:~ch appointment shall be made by such Court as sn admitted eq~ity and a m~tter of absolute right to s~id MOR1GAGfE~ and without nf~nnc~ to N»
adequacy a inadequacy of the val~e of the proper~y mortgaged or to the wnrency or insolvency of said MORTGAGOR or th~ d~f~ndan», and that avch
re~rs, profin, income, issues and revenues shall be apptied by such Receiva sccordinp to ths lien or ~ity of aaid MORTGAGEE and tM pwdip of suth
Court. ~
8. To duly, promptly and fully perform, discharge, execute, effect, cwepkte, tomply wit6 and abid~ by ~sch ~nd ~wry th~ atipu4tiont, aprwMMS,
conditioru and coveoants in said promissory note and this mottgage set forth. •
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9. That in tF~e event the owncrship of the mo.tgaged premises, a any put tl~eof, becom~s wshd in a qpon otMr tMn th~ MOR7GAGOR, t~+~
MORTGAGEE, in successors and a:sgns, may, wi+hout notice to the MORTGAOR, deal with such succKSer or ~+a~s+or k~ inta~if with nfK~ ro th4
mo~tgage and the debl hereby secured in the same manner as with Mwtgagor without in sny way vitutiig w diKhuy'ug NN Mo?tqapOn' Ii~bGry Mr~
under w upon the debt hereby secured. No sale of the premises hereby mortgaged and ao fabeanr~u on tM part of the MORTGAGEE or i1f wot~uw~
or asigns and no exrension of the time for the payment of the debt hereby secured yiwn by the MORTGAGEE ot iri wcc~sson or auipM, +ha~l op~wt~
to release, discharge, modify change or atfect the wiginal tiability of the MORiGAGOR herem, either in whols w In parf.
10. It is specifically agreed that time is of the cssence of this cwNract a~d 1Mt no w~iver of ~ny oblipation Mnunde~ ot of th~ oWfpatiOn M~
cured hereby shall at any time thereafter be held to be s waiver of the terms hereof w of the irotrwnent s~cur~d I~by.
11. In additio:? to the fwego:~g monthly payments of princ:pal and inte~est required by the promis~p?y nOte ~ecvred hersby, mOtfp~Qo~ oOwnaM~ ;
and agrees to pay to mortgagee with eath monthty payrnent an addirional sum estimated by mortgsgee fo b~ eqwl 10 1~12 Of tha ~nnWl CO~f Of tFN fOllOw- ~
ing: i
, A-All real properry taxes levied or assessad against the above described real estate. !
B-Premiums on fire and windslorm insurar.ce as fierein requ~red to be carried on the improvemenn situat~ an tM ~bove dewib~! pnrni~u. !
C-Premiums on such mortgage .guaranty insurar~ce as mortgsgee shall fron+ time to time deem fif fo ur?y on th~ Ioan Ncured Mr~by.
1Nortgagee shall from time to time notify mortgagor in writing of the amount due and psyable hKeunder and tuth sum ah~ll thtrWpOn b~ dw ~nd
~ Fayable on the due date of the ne:t monthly payment and each successive month thereafter until rtartp~yee shsll ratify moripagor of a th~np~ in wch
amoum. Such sums shall be applied by mortgagee toward the payment of real property tszes, inwrsnte pramiumt, aed mortp~pe QwrM~ty irou~~nt~
I p~emiumt.
~ 1 WITNESS WHEREOF, the said MORTGAGOR has hereuMO set his hand and se+I the d~y ~nd ysu fint afonsaW.
' ned, Seakd and ed 'n the presence of:
v~t . cs..~
. ~
.,L~~,vxQ ~n2. cs..n
~ ATE OF RORIDA
couNn oF St. Lucie ~ ~
Before me personally app ared Henry J. John~on ~
Senna M. Johnson his wife, ro ms M?.~~ knovin+ and krawn +o m. to b. '
ihe individwls described in snd who executed the foregoing instrument, and acknowled9ed befwe ms thst Nay e:awted tFa sams for ths pwpos~s
therein expressed. And ths ssid Senna M. Johnson
~.~re or ~tM ~~d Henry J. Johnson - , ,.p..,,e ,,,a ~„a
examination by me taken xparate and apart from her said hvsband, acknowledged to e~d before m~ thst she executed said irotrument ftsely ~nd volun-
rar~ly ar~d without any compulsio~, constra~nt, apprehens~on, or fesr of w from her taid husband.
WITNESS m~ h~~d and official seal thi~ day of August ~ p_ 1967 `
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~
~ . Notsry Public in ud fo? tM State of Fbrida at larp~
My Commission ~xpirea
Return Ta.
~ ~ rl~[. Stit! O~ AOfldi ~
Fint fede~d Ssvir?ys b loan Association ' j-_
Of Forf Pierte. ooDEO rr V•~ i-: t~r ~fq~~E~'!S ~ 23 ~
FIL~befa~d~NTY. FLA. = ; e_ : , _
sT, LUC~E vERlflEO ~ :
~`~OR~ i59~-~ f' ; o _
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- t~ ; pt ; R:•~
~ ~ ~ ~OURT ~
CI.ERK ~Ii2CU1T ;
800K1~~ PAGE275V ? ~
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